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Episode Summary: In this episode of Built in CV, host Shameika Rhymes welcomes Daniel H. Brumer, a seasoned California business attorney and founder of CV Business Law. They dive into the critical moments when small businesses should seek legal counsel. Daniel emphasizes the importance of legal guidance during business formation, partnership agreements, and employee hiring, particularly in California. He discusses the pitfalls of handshake deals and the necessity of having written agreements to avoid future disputes. The conversation also covers the role of a business plan in legal consultations and the significance of having ongoing legal counsel for recurring business decisions. Daniel's insights help business owners understand when operating without legal advice becomes risky, offering listeners practical advice to protect their ventures from costly mistakes. Key Timestamps: 00:01 – Introduction 00:25 – Importance of Legal Guidance in Business Formation 01:56 – Critical Times for Legal Discussions 02:35 – Role of Business Plans in Legal Consultations 03:54 – Necessity of Written Agreements 05:08 – Risks of Informal Agreements 07:30 – Balancing Written Contracts and Trust 08:02 – Discussing Exit Strategies Early 09:46 – Recognizing Need for Ongoing Legal Counsel 10:42 – Handling New Business Partnerships 12:24 – Employee Ownership and Legal Strings 12:52 – Signs of Risk Without Legal Counsel 13:46 – Learning from Mistakes in Business About the Show: Built in CV is a podcast dedicated to helping entrepreneurs, operators, and family businesses navigate the complexities of business law. Hosted by California business attorney Daniel H. Brumer, the show offers practical insights into contracts, business decisions, real estate matters, and general counsel needs. With a focus on clarity and actionable advice, Built in CV aims to empower business owners with the knowledge they need to make informed legal decisions and protect their ventures from potential pitfalls. cvbusinesslaw.com
100 episodes
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